Ecolab Inc. Increases Quarterly Dividend $ECL

• Ecolab (NYSE:ECL) declares $0.46/share quarterly dividend, 12.2% increase from prior dividend of $0.41.
• Forward yield 1.17%
• Payable Jan. 15; for shareholders of record Dec. 18; ex-div Dec. 17.

The Board of Directors of Ecolab Inc. declared a 12% increase in the company’s quarterly cash dividend to $0.46 per common share, to be paid January 15, 2019, to shareholders of record at the close of business on December 18, 2018. This increase results in a new indicated annual cash dividend of $1.84 per share in 2019 and represents Ecolab’s 27th consecutive annual dividend rate increase.

Ecolab has paid cash dividends on its common stock for 82 consecutive years.

Commenting on the increase, Douglas M. Baker, Jr., Ecolab’s chairman and chief executive officer, said, “This double-digit cash dividend increase reflects Ecolab’s strong 2018 business performance, our solid financial position and excellent cash flow. We remain committed to enhancing total shareholder returns through our sales and earnings growth as well as cash dividends.”

For more information, visit www.ecolab.com

According to the list of U.S. Dividend Champions, Ecolab Inc.  is a Dividend Champions. Ecolab has an 26-year dividend, raising streak.

Dividend Growth Rates
DGR	DGR	DGR	DGR
1-yr	3-yr	5-yr	10-yr
5.7	10.4	13.1	12.4

Dividend Yield Chart:

This is the historical trailing annual dividend yield of Ecolab Inc. Buying stocks at higher yield relative its historical values is usually more profitable.

Payout Ratio:

This is the historical payout ratio of Ecolab Inc. If payout ratio is close to or higher than 100%, dividends might not be sustainable.